Pushpay chief shoved aside 09 May 2019 3:57PM Pushpay Holdings, which operates in the "faith sector", has made a leadership change, with the resignation of chief executive Chris Heaslip. The company's chair Bruce Gordon will take up the CEO role.. read more
Westpac steps up digitisation program 07 May 2019 3:45PM Westpac chief executive Brian Hartzer believes banks are facing a period of subdued demand for credit and pressure on margins. In response he is taking the bank digital. read more
Westpac results at a glance 07 May 2019 3:42PM Westpac reported net profit of A$3.17 billion for the six months to March - down 24 per cent on the previous corresponding period. Cash earnings were down 22 per cent to $3.29 billion. The fall was al.. read more
ASIC and Westpac back in court over HEM ruling 07 May 2019 3:39PM The Australian Securities and Investments Commission and Westpac have returned to court to try and resolve a $35 million responsible lending settlement that was thrown out of court last year. ASIC has.. read more
No Hayne pain for Macquarie 06 May 2019 4:01PM The Hayne royal commission cast a long shadow over the ANZ and NAB financial reports last week, but not over Macquarie Group. read more
Citi funds Afterpay's US push 06 May 2019 4:00PM 'Buy now pay later' company Afterpay Touch has signed a US$300 million receivables funding facility with Citigroup, which will be used to support the company's expansion into the United States market. read more
NAB owners feel dividend pain 03 May 2019 4:17PM A bank in need of capital, NAB has sliced its dividend and dangling incentives for the leftovers to be reinvested. read more
NAB results at a glance 03 May 2019 4:15PM NAB reported a net profit of $2.69 billion for the six months to March - a rise of 4.3 per cent from the previous corresponding period but down 9.3 per cent on the September half last year. read more
volt selects mortgage processing software 03 May 2019 4:13PM Start-up bank volt will use the IRESS software system MSO for mortgage processing. read more
ANZ must 're-engineer' its mortgage business 02 May 2019 4:06PM ANZ is shedding market share in a crucial consumer segment, stressed by policy choices and outdated IT. read more